In 10 sessions Sensex rose over 8%
The Coal India offering would follow a 5 percent stake sale in state-controlled Oil and Natural Gas Corp, worth $2.8 billion and slated for December.
Cairn India is 25th on the list with 22.2 per cent CGR.
An inquiry has been ordered by the Director General of Mines Safety and a high-level committee of experts has been constituted by Coal India to investigate the causes of the accident.
The hike in clean energy cess is likely to impact input cost for thermal power producers
Jindal Steel and Balco emerged as the top bidders.
The market breadth in BSE remains healthy with 1,829 shares advancing and 721 shares declining
RBI Governor would like to wait till Budget before taking any action on rate front.
India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry after four decades, Coal Secretary Anil Swarup told Reuters.
Currently, only Coal India, the world's largest coal miner, and its smaller sister PSU Singareni Collieries besides mining agencies of state government are allowed commercial coal mining.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Power stations with captive mines might look at this as an opportunity to sell merchant power at higher rates.
The company bought peace with the Union coal ministry by agreeing to almost halve its e-auction sales at 30 million tonnes this year, to make more coal available for the fuel-starved power sector.
The court issued notice to the ministry and directed it to file its response in two days.
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
The Competition Commission of India has slapped Coal India Ltd with a penalty of Rs 1,773 crore (Rs 17.73 billion) -- the biggest by the watchdog on a company -- over alleged abuse of its monopolistic position.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
Move aimed at avoiding crowding of public issues during the Centre's mega disinvestments in coming months.
The Competition Commission of India (CCI) is to be congratulated for imposing a large fine, of nearly Rs 1,800 crore (Rs 18 billion), on Coal India Ltd for alleged abuse of its monopolistic position.
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Coal accounts for more than 60 per cent of India's electricity capacity, and the government plans to nearly double annual coal output by 2020, opening a new mine nearly every month
.jpg)
Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.
The Union Cabinet on Wednesday decided that 10 per cent of the government's stake in Coal India Ltd would be sold. Similarly, the sale of five per cent of its stake in ONGC and 11.4 per cent in the hydropower public-sector unit, NHPC, has been cleared.
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
Buy these stocks on any correction as both the companies have strong long-term prospects
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
.jpg)
Likely to set the ball rolling for Rs 1.72-lakh-cr projects today
India must reckon with the possibility that it will struggle to attract higher overseas investment.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
PSUs will get direct allotment.
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
Even as the September quarter performance was subdued, analysts expect the second half to be better on higher prices, output.
Rules for mining, roads, power and irrigation projects relaxed.
.jpg)
India's hydroelectric power generation grew 17.5 per cent to 7.5 billion units in January this year from 6.4 billion units in the same month of 2012.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances